HTGC 📈 Hercules Capital - Overview

Hercules Capital, Inc. is a business development company that specializes in providing customized financing solutions to privately held venture capital-backed companies across various stages of development, from mid-venture to expansion stage, as well as select publicly listed companies and special opportunity companies.

The firm's financing solutions cater to a wide range of needs, including capital extension, management buy-out and corporate spin-out financing, company, asset-specific, or intellectual property acquisition financing, and more. It offers a variety of loan options, such as convertible, subordinated, and/or mezzanine loans, to support domestic and international corporate expansion, vendor financing, and revenue acceleration.

In addition, Hercules Capital provides asset-based financing solutions, focusing on cash flow, accounts receivable facilities, equipment loans or leases, and working capital revolving lines of credit. The firm also offers bridge financing for initial public offerings (IPOs), mergers and acquisitions, technology acquisitions, and dividend recapitalizations, as well as cash flow financing to protect against share price volatility.

The firm's investment strategy involves investing primarily in structured debt with warrants, and to a lesser extent, in senior debt and equity investments. Hercules Capital typically seeks to invest in companies that have been operating for at least six to 12 months prior to the date of their investment, with a focus on technology, SaaS finance, energy technology, and sustainable industries.

By providing flexible and tailored financing solutions, Hercules Capital aims to support the growth and development of its portfolio companies, enabling them to achieve their strategic objectives and drive long-term success.

For more information, please visit Hercules Capital's website at https://www.htgc.com.